Ideas to minimize freight costs in today’s economy
Reduce freight costs with strategies like partnerships, shipment pooling, and using alternative transportation modes
Lessons from my Finance Mentor: How to Turn a Profit
The good news is that none of these actions require sophisticated tools or systems - give it a try today.
Ideas to increase cash flow
Businesses should always look for ways to increase cash flow.
Tips for surviving a physical inventory
Achieve accurate physical inventory counts through thorough preparation, halting movements, clear communication, and progress tracking.
Lessons learned from my Procurement Mentor: Negotiations Success
I've seen many examples of companies and executives insisting on "negotiating" for a reduction in costs at the expense of all else.
Tips for decreasing inventory levels without affecting your customers!
effective inventory reduction strategies that maintain customer satisfaction, emphasizing skilled personnel and structured processes
The Keys to Delivering Exceptional Customer Service
These techniques epitomize "profit through people" - through your customer relationships.
4 Keys to VMI Success
Before talking about the keys to achieving VMI (vendor managed inventory) success, the question is: what is VMI? VMI is a process where the supplier places purchase orders for their customers to agreed-upon metrics.
Achieving Inventory Velocity “and” Customer Delight
How can the Acme Company situation change with inventory velocity?
Profit Through People
Once the people elements are in place, processes compliment them. Implementing processes boils down to planning, executing, auditing and standardizing. Again, the key to success ties back to people.